Panerai began making watches in Florence, Italy back in 1860, but it wasn’t until the 1930s that the firm produced its first wristwatch. By then its roots in Florence were as deep as those in Switzerland, where Panerai watches were produced.

The breakthrough for the company was an order for diving watches from the Italian Navy, for whom Panerai had been creating instruments of various types since the turn of the century. With a war coming on, the navy was keen to outfit its elite corps of frogmen with wristwatches.

Featuring a Rolex movement, the limited-edition Panerai Radiomir (only 300 were made) was designed for use by commandos and torpedo riders—frogmen who rode a slow-moving torpedo toward a target before attaching a timed mine to the underside of a ship and then riding away. The watches had a cushion-shaped case, a screw-down crown to keep water out of the movement, and oiled-leather straps that were long enough to be worn on the outside of a diving suit. Given their limited supply and the tough conditions they were subjected to, these watches are very highly prized by collectors today.

The watch took its name, Radiomir, from the luminous material that Panerai first developed in 1910. Made of zinc sulphide and radium bromide, Radiomir allowed the numbers and hands on a watch to be read in dark conditions. It was replaced in 1949 by Luminor, which glows thanks to the presence of tritium, a less-dangerous compound than radium bromide.

Throughout the 1950s and ’60s, Panerai continued to produce wristwatches for the Italian Navy in regular and destro (left-handed) versions. Some watches from this period were known as Trittico watches, thanks to their trio of features, which included a depth gauge.

Panerai also made Kampfschwimmer watches, some with so-called California dials (numbers on the bottom, Roman numerals on the top), for Germany’s only postwar commando unit. And in 1956, Panerai created a large-face Radiomir watch for the Egyptian Navy.

Panerai might have remained a military diving watch in the minds of the public had it not been for Sylvester Stallone, who, in 1995, purchased a Luminor while on location in Italy. Sales of the watches jumped after its debut in Stallone’s “Daylight,” and Sly even had some watches—dubbed Slytech—made with his signature engraved on the back. These he gave as gifts to friends, including fellow action hero Arnold Schwarzenegger.


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Recent News: Panerai Watches

Source: Google News

Pole position: Dominic Reilly hand luggage
Telegraph.co.uk, July 23rd

Don't let that worry you if you're in the market for a watch holder that will serve as a guardian angel for your Panerai, Rolex or Audemars Piguet Royal Oak: there's also a standard model minus the external F1 hardware, but with the same watch...Read more

Six days of fantastic sailing at Panerai British Classic Week
On The Wight, July 21st

Based in Cowes, this year's Panerai British Classic Week saw over 50 entries contest seven races over six days of keen competition. While experiencing a week of hot, sunny weather, both sailors and spectators could be forgiven for thinking they were ...Read more

Panerai British Classic Week concludes in spectacular style with victory for ...
BYM News (press release), July 19th

The final day of racing at Panerai British Classic Week could not have been more exciting as the podium positions for all classes were decided. The Race Committee sent the boats on a lovely course that zigzagged around the Central Solent in a moderate ...Read more

All set for a dramatic final day at Panerai British Classic Week 2014
Classic Boat, July 18th

17 July 2014 – “25 Miles of sheer heaven.” Is how David Orton, owner of the 1963 Illingworth and Primrose designed forty footer St David's Light, described today's Panerai British Classic Week Long Inshore race sponsored by Classic Boat in association...Read more

Panerai British Classic Week - Caressed with sunshine and balmy breeze
Sail World, July 17th

'25 Miles of sheer heaven.' Is how David Orton, owner of the 1963 Illingworth and Primrose designed forty footer St David's Light, described today's Panerai British Classic Week Long Inshore race sponsored by Classic Boat in association with Wight Vodka...Read more

Panerai British Classic Week - Thrilling traditional Ladies Race
Sail World, July 16th

The day started hot and sunny but almost windless so a postponement was announced and the fleet was held ashore until noon, giving plenty of time for everyone to enjoy the fabulous hospitality of the Panerai Lounge. By the time the fleet got to the...Read more

Nausicaa beats the big boy on Day 2 of Panerai British Classic Week 2014
Classic Boat, July 15th

further information about Panerai British Classic Week can be found at the regatta website www.britishclassicyachtclub.org/regatta. Those wishing to receive further information about the regatta should contact Mary Scott-Jackson on mary@msjevents...Read more

Panerai British Classic Week - Mixed conditions on day 2
Sail World, July 14th

Day two of Panerai British Classic Week in Cowes featured the Around the Island Race sponsored by EFG International for Classes 1-4 and a further Solent race for the 8 Metres. For those going around the Island it was a day of mixed conditions. The...Read more